Metaverse Pros and Cons: Top Benefits and Challenges

The metaverse may be on the horizon, but precursor and metaverse-like experiences are already a reality. Yet most people aren't sold on the concept of the metaverse. An early 2022 poll taken by news site Axios and AI platform maker Momentive found that most respondents were ambivalent about the metaverse, with 60% indicating they were unfamiliar with the idea of the metaverse. Although far more respondents were "scared" than "excited" about the metaverse, 58% said they were neither scared nor excited about the coming immersive digital world. As envisioned by analysts and researchers, the metaverse will be a persistent, immersive shared digital environment where people can interact with each other and transact with businesses.